v3.25.2
Fair Value (Reconciliation of Recurring Fair Value Measurements) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet
Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 7,421 7,555 7,431 7,448
Included in Earnings 27 128 38 315
Included in other comprehensive income 6 (6) 14 (11)
Purchases 104 99 358 220
Sales (43) (91) (153) (97)
Issuances 22 15 38 23
Settlements (223) (229) (411) (421)
Transfers into Level 3 8 1 12 3
Transfers out of Level 3 (14) (6) (19) (14)
Ending balance 7,308 7,466 7,308 7,466
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 24 118 6 303
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 303 311 337 398
Included in Earnings 10 116 57 104
Included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Sales 3 2 3 2
Issuances 5 19 10 35
Settlements (83) (62) (169) (153)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 238 386 238 386
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet 10 122 52 129
Fair Value Additional Information [Abstract]        
Net gains (losses) included in earnings (realized and unrealized) relating to Level 3 assets and liabilities 17 12 (19) 211
Net unrealized gains (losses) relating to Level 3 assets and liabilities 14 (4) (46) 174
Fair Value, Recurring | Level 3 | Other borrowed funds        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 13 9 10 9
Included in Earnings 0 0 0 0
Included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 5 4 10 7
Settlements (7) (4) (9) (7)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 11 9 11 9
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet 0 0 0 0
Fair Value, Recurring | Level 3 | Financial derivatives        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 161 113 150 152
Included in Earnings 4 110 41 118
Included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Sales 3 2 3 2
Issuances 0 0 0 0
Settlements (59) (42) (85) (89)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 109 183 109 183
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet 7 115 42 120
Fair Value, Recurring | Level 3 | Other liabilities        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 129 189 177 237
Included in Earnings 6 6 16 (14)
Included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 15 0 28
Settlements (17) (16) (75) (57)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 118 194 118 194
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet 3 7 10 9
Loans held for sale | Fair Value, Recurring | Level 3 | Residential mortgage loans held for sale        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 104 98 68 103
Included in Earnings 1 0 1 (1)
Included in other comprehensive income 0 0 0 0
Purchases 32 12 73 14
Sales (1) (11) (1) (11)
Issuances 0 0 0 0
Settlements (2) (2) (6) (4)
Transfers into Level 3 1 1 5 3
Transfers out of Level 3 (5) (3) (10) (9)
Ending balance 130 95 130 95
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 1 (1) 1 (2)
Loans held for sale | Fair Value, Recurring | Level 3 | Commercial mortgage loans held for sale        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 4 11 4 11
Included in Earnings 0 0 0 0
Included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (3) (7) (3) (7)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 1 4 1 4
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 0 0 0 0
Securities available-for-sale | Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 841 924 853 956
Included in Earnings 4 3 4 4
Included in other comprehensive income 4 (6) 12 (11)
Purchases 3 3 3 3
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (47) (47) (67) (75)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 805 877 805 877
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 0 0 (3) (2)
Residential mortgage- backed non-agency | Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 596 668 603 696
Included in Earnings 3 3 5 6
Included in other comprehensive income 1 (5) 9 (11)
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (19) (42) (36) (67)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 581 624 581 624
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 0 0 0 0
Commercial mortgage- backed non-agency | Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 99 103 103 103
Included in Earnings 0 0 (3) 0
Included in other comprehensive income 2 0 1 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (22) 0 (22) 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 79 103 79 103
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 0 0 (3) 0
Asset-backed | Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 92 100 93 102
Included in Earnings 0 0 1 0
Included in other comprehensive income 0 (1) 1 (1)
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (2) (3) (5) (5)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 90 96 90 96
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 0 0 0 0
Other | Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 54 53 54 55
Included in Earnings 1 0 1 (2)
Included in other comprehensive income 1 0 1 1
Purchases 3 3 3 3
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (4) (2) (4) (3)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 55 54 55 54
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 0 0 0 (2)
Loans | Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 663 713 670 726
Included in Earnings 0 4 5 8
Included in other comprehensive income 0 0 0 0
Purchases 10 7 17 12
Sales (1) (2) (1) (2)
Issuances 0 0 0 0
Settlements (19) (18) (38) (38)
Transfers into Level 3 7 0 7 0
Transfers out of Level 3 (9) (3) (9) (5)
Ending balance 651 701 651 701
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 0 4 5 8
Equity investments | Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 2,223 2,030 2,111 1,952
Included in Earnings 9 31 55 26
Included in other comprehensive income 0 0 0 0
Purchases 40 47 216 136
Sales (40) (78) (150) (84)
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 2,232 2,030 2,232 2,030
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 5 23 29 18
Mortgage Servicing Rights | Fair Value, Recurring | Level 3 | Residential mortgage loans held for sale        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 2,523 2,687 2,626 2,654
Included in Earnings (6) 16 (57) 88
Included in other comprehensive income 0 0 0 0
Purchases 0 16 1 29
Sales 0 0 0 0
Issuances 7 7 14 12
Settlements (67) (69) (127) (126)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 2,457 2,657 2,457 2,657
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet (6) 16 (57) 88
Mortgage Servicing Rights | Fair Value, Recurring | Level 3 | Commercial mortgage loans held for sale        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 1,041 1,075 1,085 1,032
Included in Earnings 13 65 11 172
Included in other comprehensive income 0 0 0 0
Purchases 18 12 45 24
Sales 0 0 0 0
Issuances 15 8 24 11
Settlements (77) (78) (155) (157)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 1,010 1,082 1,010 1,082
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 13 65 11 172
Financial derivatives | Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 10 9 4 6
Included in Earnings 6 9 19 18
Included in other comprehensive income 0 0 0 0
Purchases 1 2 1 2
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (8) (8) (15) (14)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 9 12 9 12
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 11 11 20 21
Other assets | Fair Value, Recurring | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 12   10 8
Included in Earnings 0 0 0 0
Included in other comprehensive income 2 0 2 0
Purchases 0 0 2 0
Sales (1) 0 (1) 0
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Ending balance 13 8 13 8
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet $ 0 $ 0 $ 0 $ 0